Berkshire director says board may not give Buffett successor Abel the same leeway

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Berkshire director says board may not give Buffett successor Abel the same leeway
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Subject of emergency alert message arrested - May 2, 2024 | SaltWire #dartmouth #update #suspectOMAHA, Nebraska - A longtime Berkshire Hathaway director said Greg Abel, who is expected to succeed Warren Buffett as chief executive, may not get the same leeway from the conglomerate's board of directors to make acquisitions.

At Berkshire's annual meeting on Saturday, Buffett and Abel are likely to get shareholder questions about the conglomerate's future after Abel takes over. After Buffett leaves, his son Howard Buffett is expected to become nonexecutive chairman, while others would handle common stock investments.

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